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Sports News

Sportech sees Connecticut racing revenue fall as states launch sports betting

London-listed betting supplier Sportech has reported a 3.8 per cent increase in revenue to £32.6m in the first six months of the year, with the growth driven by currency gains and the performance of its Racing and Digital division.

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Oregon’s Chinook Winds Casino readies sportsbook launch

Oregon’s Confederated Tribes of Siletz Indians will launch sports betting in the state next week at the Chinook Winds Casino Resort.

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Kambi

Kambi shares soar on contract extension with DraftKings

Shares in Kambi Group soared by nearly 20 per cent in Stockholm Thursday as the sports betting technology provider announced a new contract extension with leading US operator DraftKings.

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Delaware sportsbook operators grow revenue despite 52% fall in stakes

Delaware’s regulated sports betting market collected total wagers of $3.9m during the month of July.

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Sweden flag

Sweden fines four more operators for offering bets on youth events

Swedish gambling regulator Spelinspektionen has issued fines totalling SEK20.1m to four operators for offering bets on sporting events involving players under the age of 18, in breach of Swedish regulations.

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Playtech

Snaitech contribution offsets B2B decline for Playtech in H1 2019

London-listed gaming supplier and operator Playtech has reported a 69 per cent increase in revenue to €736.1m for the first half of 2019, driven by a strong contribution from the company’s Snaitech consumer business in Italy.

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Newgioco sees Q2 revenue grow despite retail betting decline

Italy-focused gaming operator and technology supplier Newgioco Group has reported a 3 per cent increase in revenue to US$9.1m for the second quarter of 2019.

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Mississippi sports betting market continues decline into July

Mississippi’s regulated sports betting market declined for the fourth consecutive month as total wagers fell to $13.4m during the month of July.

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China lauds Cambodia and Philippines for iGaming crackdown

The Chinese government has welcomed moves by Cambodia and the Philippines to suspend online gaming licensing.

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Swedish struggles impact Raketech revenue in second quarter

Stockholm-listed iGaming affiliate Raketech has reported a 6 per cent decrease in revenue to €5.7m for the second quarter of 2019.

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Advertising Standards Authority

Football Index ad featuring young players banned by ASA

The UK Advertising Standards Authority has upheld a complaint against an ad by BetIndex which featured professional footballers under the age of 25.

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Genius Sports

Superliga Argentina partners Genius Sports for global integrity services

Sports integrity and data provider Genius Sports has been selected as the global integrity partner of Argentina’s top football league, Superliga Argentina.

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